Corinne Nita
2 min readApr 25, 2021

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Honestly, I'm glad you've come out of that disaster on top and reflect on your experience positively. I don't believe people should have suffered the consequences of predatory lending practices and the financial sector's irresponsible actions. Do you think direct payments to the home owners so they could pay their mortgage repayments to the banks should have been a part of the solution?

The biggest crime was B. Clinton's deregulation of the financial sector in the '90s. Enron's fancy accounting did quite a number on the public.

Blaming the people carrying out the US government’s foreign policies is absolutely absurd, and the military wasn't involved in most US-led coups. The CIA is responsible for the coups in Argentina, Chile, Brazil, Honduras, Bolivia, Cuba, Venezuela, Panama, Guatemala, Haiti, and many other nations. Argentina recently received the entire report of the US' involvement in the Dirty War. The US' recent involvement in the Bolivian elections might have been for the huge lithium resources. Elon Musk was not happy the country didn't want to hand over its resources to the US...

The War on Drugs was fought abroad while US pharmaceutical companies legally sold heroine. Ugh. I still don't know how some of my family fought that addiction and survived, but so many people have not been as fortunate. Again, I'm off topic.

There's a huge difference in government structures and economic systems, but they obviously influence each other. An oligarchy controls the US government now. I don't know if the power imbalance will ever shift.

Was the US a socialist country in the 1940s and '50s, and why aren't people at the center of economics?

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Corinne Nita
Corinne Nita

Written by Corinne Nita

We need the social with the science to call it economics.

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